Do you consider relations between NATO and the Russian Federation to be a new Cold War?

On April 1'st, 2014, NATO made the decision to suspend co-operation with the Russian Federation in light of the Ukrainian Crisis of March. Over the last two years the relationship between the two parties has not improved, and as such, media suggests that a Second Cold War has begun, and that military conflict between NATO and Russia may be inevitable.

Do you agree with this view?